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20130124
20130201
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SFGTV
Jan 28, 2013 11:00pm PST
.i.c. but it was at the price point we could afford. i am not rich. i am a working class professional. paying my property taxes, sending my son to public school in san francisco, trying to make ends meet like most people here. we have been patiently waiting to condo convert for six years with our financial stability deteriorating. we are trapped by our loan because we are not able to refinance and have a balloon payment due in two years. i'm scared what will happen in two years. i am not a real estate investor. i'm not looking to float my home. i am a mother who wants to raise her child in san francisco and have the same mortgage financing options as the rest of the countries. i urge you to support the condo bypass legislation. >> chair wiener: thank you very much. next speaker. >> hello. my name is julie, and i'd like to thank the supervisors for taking this into such serious and strong consideration. i think what's evident today is that the t.i.c. units and ownership is very unique to san francisco and therefore requires unique and brave decisions. i'm a single woman, i've lived here for 20 years, i bought m
SFGTV
Jan 28, 2013 3:30pm PST
by the owners. the people who convert are going to stay in those houses and continue to pay taxes, and continue to volunteer, like my wife and i, and continue to be part of the society. if we can't condo convert the odds are that we can't stay in the city. we love it here and we'd love to stay. thank you. >> chair wiener: thank you very much. next speaker. >> hi. thank you. so my name is lance wilson, i'm in district 10, i live in potrero hill. i was a rent control renter for the the first seven years i was in san francisco. i have been a t.i.c. owner now for five years. we adopted our 18-month-old baby daughter from san francisco, a year and a half ago, obviously, and we're raising her on the hill and we intend to stay there. we didn't displace anybody when we moved into the building when we became t.i.c. owners. we also have a renter in our building who we support, respect, and want to continue to support in the building. he is fully protected under this piece of legislation. we want to support that and contribute back to low income housing in san francisco. thank you. >> chair wiener: thank
Search Results 0 to 1 of about 2